My accountant noticed that when I purchase instalment warrants the transaction reporter shows that I make two entries; 1) I debit a/c 1154 for capital and transaction amounts and credit a/c 1101 for bank then 2) I debit 1149 for the prepaid interest component and credit 1154 to reduce the capital price by the interest component. When he looked at the Asset listing summary it records the warrant at the total amount that was paid (ie it equal the bank figure) and step 2 doesn't reduce the amount under the asset listing. I don't think it's a big deal but really the asset listing should reduce by the prepaid interest figure.

Regards